Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today that it has opened a new production office in Philadelphia, Pennsylvania and that Harris Heller has been hired to lead the local effort.
As Managing Director, Heller will be responsible for originating conventional and small balance agency business as well as placing Hunt Mortgage Group's proprietary fixed and floating rate products in the Mid-Atlantic region of the United States. He will report to Vic Clark, Senior Managing Director and Michael Becktel, Managing Director at Hunt Mortgage Group.
"The Mid-Atlantic region is a rich region with strong dynamics and solid underlying real estate fundamentals," noted Clark. "A local presence enables us to better serve the rapidly growing needs of area developers and investors. This is the ninth new Hunt Mortgage Group office we have opened in the past year and the second opened to serve clients in the Mid-Atlantic area. Earlier this year we opened an office in Charlotte, North Carolina."
Prior to joining Hunt Mortgage Group, Heller was a Managing Director-Loan Originations at Greystone & Co., where he sourced a wide variety of commercial real estate deals, including agency, FHA, CMBS, and proprietary multifamily bridge loans. Before that, he served as a Managing Director with RAIT Financial Trust, where his primary responsibilities were to source CMBS loans, proprietary floating rate loans and mezzanine debt across all major commercial real estate asset classes. Earlier in his career, he held positions at Bond Street Capital, CIBC World Markets and Madison Realty Group, Inc.
"We are making strategic additions to our organization to expand our market reach and capitalize fully on our expanded financing capabilities," added Clark. "Harris is a seasoned financial services executive with deep experience in commercial real estate. We are pleased he has come on board to open an office in Philadelphia and serve clients in this important region."
Heller holds a Bachelor's Degree in Business Administration from the University of Pittsburgh. He also serves on the Board of Directors for the Jewish Family and Children's Services of Philadelphia.
About Hunt Mortgage Group
Hunt Mortgage Group, a wholly owned subsidiary of Hunt Companies, Inc., is a leader in financing commercial real estate throughout the United States. The Company finances all types of commercial real estate: multifamily properties (including small balance), affordable housing, office, retail, manufactured housing, healthcare/senior living, industrial, and self-storage facilities. It offers Fannie Mae, Freddie Mac, HUD/FHA in addition to its own Proprietary loan products. Since inception, the Company has structured more than $21 billion of loans and today maintains a servicing portfolio of more than $12.5 billion. Headquartered in New York City, Hunt Mortgage Group has 198 professionals in 23 locations throughout the United States. To learn more, visit www.huntmortgagegroup.com.
